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EMI changes hands

EMI, English record company which has artists such as Coldplay, Blur, Kate Bush, Beatles, Pink Floyd and Radiohead, is divided into two parts and changes hands....

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On November 11, besides the reunion of Black Sabbath, was announced a roi mat for the music industry.

The record label EMI traded the rights of its artists for $ 2.2 million to SONY and the production
and recording departments to UNIVERSAL for $ 1.9 million. With this agreement, the fourth-largest record company is divided into two parts.

Responsible for the transfer is the holder of EMI for the last four months, a
U.S. Citygroup bank group. After the acquisition, it decided to consolidate in order to manage to obtain a profit, by selling it at 8% more than predicted by economists.

Ultimately, music is subject to a simple mathematical calculation in the market. Since 1931, the English music industry seems to remain leaderless for the first time, as it was the largest in the UK with artists such as Coldplay, Blur, Kate Bush, Elvis Costello and Duran Duran. In ti were once big names like The Beatles, Pink Floyd and Radiohead. Complete list of artists  here .

There's unlimited supply
And there is no reason why
I tell you it was all a frame
They only did it 'cos of fame


Too many people had the suss
Too many people support us
An unlimited amount
Too many outlets in and out


And sir and friends are crucified
A day they wished that we had died
We are an addition
We are ruled by none
Never ever never

And you thought that we were faking
That we were all just money making
You do not believe we're for real
Or you would lose your cheap appeal?

Don't judge a book just by the cover
Unless you cover just another
And blind acceptance is a sign
Of stupid fools who stand in line


Unlimited edition
With an unlimited supply
That was the only reason
We all had to say goodbye

Unlimited supply (EMI)
There is no reason why (EMI)
I tell you it was all a frame (EMI)
They only did it 'cos of fame (EMI)
I do not need the pressure (EMI)
I can't stand those useless fools (EMI)
Unlimited supply (EMI)
Hello EMI
Goodbye A & M

(Source: Rolling Stone, NME, plyrics)

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